09/24/2015
Anonymous
Ronkonkoma, NY
First they don't give you any penny discount at all, but they offer $1000.00 for referral. <br />Their promises :<br />1- Panels will start generating energy right away and you don't need to pay for electric bill anymore. <br />False : Depends on installation time of year , if you had your installation at winter or at the beginning of the winter or fall. Panels won't be able to generate enough electricity to cover your regular electric bill. That's mean you have to pay for your mortgage for panels plus your electric bill until summer comes. <br />2- They give you two loans, one is main loan which you will be paying back in long time 12 years and it is usually less than your electric bill and fixed for 12 years. Which is great. And second loan is the same as cash loan , this loan is the exact amount of tax credit you getting from government and it is interest free for 1 year, and they say you will be getting that back way before due date. Great right.<br />False : Sunation doesn't care when you will be getting your money back from IRS so , they collect the money right after the installation. Imagine if you had your installation on April , you have to pay that loan back next April couple months after your tax return time. And that's what happened to me , I got my money 2 months after loan due. Now I am stock with high interest loan for 10 years plus extra $2,500 interest top of my loan.<br />I asked for help from Sunation and you know what they said. <br />Watch out guys. <br />You don't need this company.